Ashapuri Gold Ornament Ltd. engages in the business of wholesale trading of jewellery. Its products include Choker Set, Toda Set, Long Set, Pota Jewellery, Saloya, Bracelet, Temple Collection, Moti Set, BikaneriMeena, RaniHaar. The company was founded on June 17, 2008 and is headquartered in Ahmedabad, India.
Ashapuri Gold Ornament Dividend Announcement
• Ashapuri Gold Ornament does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Ashapuri Gold Ornament dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Ashapuri Gold Ornament Dividend History
Ashapuri Gold Ornament Dividend Yield
Ashapuri Gold Ornament current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ashapuri Gold Ornament stock? Use our calculator to estimate your expected dividend yield:
Ashapuri Gold Ornament Financial Ratios
P/E ratio28.26
PEG ratio0.66
P/B ratio2.24
ROE11.09%
Payout ratio0.00%
Current ratio9.61
Quick ratio3.71
Cash Ratio0.00
Ashapuri Gold Ornament Dividend FAQ
Does Ashapuri Gold Ornament stock pay dividends?
Ashapuri Gold Ornament does not currently pay dividends to its shareholders.
Has Ashapuri Gold Ornament ever paid a dividend?
No, Ashapuri Gold Ornament has no a history of paying dividends to its shareholders. Ashapuri Gold Ornament is not known for its dividend payments.
Why doesn't Ashapuri Gold Ornament pay dividends?
There are several potential reasons why Ashapuri Gold Ornament would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Ashapuri Gold Ornament ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Ashapuri Gold Ornament has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Ashapuri Gold Ornament a dividend aristocrat?
Ashapuri Gold Ornament is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Ashapuri Gold Ornament a dividend king?
Ashapuri Gold Ornament is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Ashapuri Gold Ornament a dividend stock?
No, Ashapuri Gold Ornament is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Ashapuri Gold Ornament stocks?
To buy Ashapuri Gold Ornament you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Ashapuri Gold Ornament stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Ashapuri Gold Ornament stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.